Life in Downtown Toronto
Living in the Downtown of Toronto is an amazing experience for newcomers if you want to live in a Canadian city. After the pandemic, individuals have been trying to move out from the cities, the cost of living in Downtown Toronto has decreased.
The cost of living in Downtown Toronto is very affordable. With an average real estate price is $1,204,900. The mortgage amount in the city is around $963,920 in Downtown Toronto. This real estate data showed that individuals looking to buy a house in Toronto currently would require an income of around $226,500.
Parks, Recreation and Things to Do Toronto
The aesthetic beauty of the city is enhanced by its amazing and beautiful parks. Number of different parts are available in different corners of the city. For example, Berczy Park is approximately 3606 square meter public park. This park is located at 45 Wellington Street E, near the Hockey Hall of Fame Plaza, Downtown Toronto.
Another wonderful park is Grange Park which is located at Beverley Street and McCulary. There are many other parks such as Underpass Park, St James Park, Olympic Park and many others. All of these parks are a source of pleasure for children as well as adults after a hectic routine at weekends.
Toronto also has many recreation centers to provide comforts to its residents. Annette Committee recreation center, Trinity Community Recreation Center, York Recreation centers and there are many others.
Condominiums For Sale in Toronto
Like other Canadian cities, Downtown Toronto also has different construction styles. Among these housing styles detached homes, townhomes and condominiums are the most common ones.
Condominiums are residential complexes with multiple housing units. Each of the units in the condominium is owned individually. Condominiums are the most affordable and beautifully constructed units.
Condominiums are available for sale at different rates depending on the number of bedrooms and total covering area. One bedroom condominium is available at an average price of around $634K. This price was $655K about three months ago. Similarly, a two bedroom condominium apartment is available for sale at an average cost of $888K. This price was $862K about three months ago.
A three bedroom condominium apartment is available for sale at an average price of $950K. This price was $1.0M about three months ago.
From the prices of these condominiums, we can say that these are the most affordable ones in Downtown Toronto. There is a significant decline in the real estate prices of these houses.
The different condominiums which are available for sale in Toronto are as follows;
One of the cheapest condominiums is a one bedroom and one bathroom is available for sale at 614-400 Adelaide Street E, Downtown Toronto. The cost of this condominium is only $ 14,400.
Another beautifully constructed one bedroom and one bathroom condominium are available for sale at 825-109 Front Street, Toronto. You can be the owner of this house at only $549,000.
These were just a few examples. Downtown Toronto has many of these condominiums for sale.
